Policy & Trends-Small Biz-The Economic Timeshttps://economictimes.indiatimes.com/small-biz/policy-trendsThe Economic Times: Latest business, finance, markets, stocks, company news from India.en-gb2018-08-15T05:25:46+05:30
Copyright:(C)2018 Bennett Coleman & Co. Ltd, http://info.indiatimes.com/terms/tou.htmlhttp://syndication.indiatimes.com/The Economic Timeshttps://img.etimg.com/photo/39814569.cmshttps://economictimes.indiatimes.com/small-biz/policy-trendsInter-state office services to attract GST<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/inter-state-office-services-to-attract-gst/articleshow/65396278.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65396278.cms" /></a>The ruling implies that companies with offices in many cities will need to raise invoices for inhouse service functions and pay GST. https://economictimes.indiatimes.com/small-biz/policy-trends/inter-state-office-services-to-attract-gst/articleshow/65396278.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65396278/inter-state-office-services-to-attract-gst.jpgArticle at EconomicTimes.com with article id : 653962782018-08-14T07:26:32+05:30
National Anti-Profiteering Authority moves to make sure consumers gain from GST cuts<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/national-anti-profiteering-authority-moves-to-make-sure-consumers-gain-from-gst-cuts/articleshow/65382064.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65382064.cms" /></a>At its last meeting on July 23, the GST Council cut rates on paints, washing machines, TVs below a certain size and refrigerators among other goods to 18% from 28%.https://economictimes.indiatimes.com/small-biz/policy-trends/napa-moves-to-make-sure-consumers-gain/articleshow/65382064.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65382064/national-anti-profiteering-authority-moves-to-make-sure-consumers-gain-from-gst-cuts.jpgArticle at EconomicTimes.com with article id : 653820642018-08-12T23:22:55+05:30
Glitch-ridden GST was due to lack of time: GSTN CEO<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/glitch-ridden-gst-was-due-to-lack-of-time-gstn-ceo/articleshow/65382093.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65382093.cms" /></a>From day one, many glitches were experienced which were magnified when the e-Way Bill was rolled out.https://economictimes.indiatimes.com/small-biz/policy-trends/glitch-ridden-gst-was-due-to-lack-of-time-gstn-ceo/articleshow/65382093.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65382093/glitch-ridden-gst-was-due-to-lack-of-time-gstn-ceo.jpgArticle at EconomicTimes.com with article id : 653820932018-08-12T16:11:52+05:30
NAA's directive on audit of e-comm cos stuck over jurisdiction issue<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/naas-directive-on-audit-of-e-comm-cos-stuck-over-jurisdiction-issue/articleshow/65382125.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65382125.cms" /></a>DG Audit can only audit those e-com companies which are registered with the Centre. Those who are registered with states, the state tax officials would have jurisdiction over them.https://economictimes.indiatimes.com/small-biz/policy-trends/naas-directive-on-audit-of-e-comm-cos-stuck-over-jurisdiction-issue/articleshow/65382125.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65382125/naas-directive-on-audit-of-e-comm-cos-stuck-over-jurisdiction-issue.jpgArticle at EconomicTimes.com with article id : 653821252018-08-12T12:58:35+05:30
Government notifies due date for filing GST returns from July'18-March'19<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/government-notifies-due-date-for-filing-gst-returns-from-july18-march19/articleshow/65363537.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65363537.cms" /></a>In a notification issued today, the Central Board of Indirect Taxes and Customs (CBIC) has stipulated that details of outward supplies for July 2018 to March 2019 has to be filed by the 11th of the succeeding month.https://economictimes.indiatimes.com/small-biz/policy-trends/government-notifies-due-date-for-filing-gst-returns-from-july18-march19/articleshow/65363537.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65363537/government-notifies-due-date-for-filing-gst-returns-from-july18-march19.jpgArticle at EconomicTimes.com with article id : 653635372018-08-10T21:42:51+05:30
Mere deposit of goods to custodian not liable for GST: AAR<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/mere-deposit-of-goods-to-custodian-not-liable-for-gst-aar/articleshow/65350001.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65350001.cms" /></a>The ruling came in relation to applicability of goods and services tax in case of a derivative contract in diamonds through Indian Commodity Exchange. https://economictimes.indiatimes.com/small-biz/policy-trends/mere-deposit-of-goods-to-custodian-not-liable-for-gst-aar/articleshow/65350001.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65350001/mere-deposit-of-goods-to-custodian-not-liable-for-gst-aar.jpgArticle at EconomicTimes.com with article id : 653500012018-08-10T09:03:12+05:30
New ecommerce policy will help India in WTO negotiations: Commerce department<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/new-ecommerce-policy-will-help-india-in-wto-negotiations-commerce-department/articleshow/65347447.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65347447.cms" /></a>The department says if attempts at WTO are successful, developing countries may be left with little flexibility to take measures for nurturing the domestic digital economy and bridge the divide to reach a more balanced dispensation.https://economictimes.indiatimes.com/small-biz/policy-trends/new-ecommerce-policy-will-help-india-in-wto-negotiations-commerce-department/articleshow/65347447.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65347447/new-ecommerce-policy-will-help-india-in-wto-negotiations-commerce-department.jpgArticle at EconomicTimes.com with article id : 653474472018-08-10T06:35:49+05:30
CGST Amendment: Companies may have to reverse cess credits<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/cgst-amendment-companies-may-have-to-reverse-cess-credits/articleshow/65347470.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65347470.cms" /></a>As per the government, the provision related to cesses will apply retrospectively once the parliament and all the state legislatures pass the bill.https://economictimes.indiatimes.com/small-biz/policy-trends/cgst-amendment-companies-may-have-to-reverse-cess-credits/articleshow/65347470.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65347470/cgst-amendment-companies-may-have-to-reverse-cess-credits.jpgArticle at EconomicTimes.com with article id : 653474702018-08-09T18:29:35+05:30
Irked ministries question many suggestions in draft ecommerce policy<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/irked-ministries-question-many-suggestions-in-draft-ecommerce-policy/articleshow/65331657.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65331657.cms" /></a>These ministries have expressed their reservations and are expected to put their objections in writing.https://economictimes.indiatimes.com/small-biz/policy-trends/irked-ministries-question-many-suggestions-in-draft-ecommerce-policy/articleshow/65331657.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65331657/irked-ministries-question-many-suggestions-in-draft-ecommerce-policy.jpgArticle at EconomicTimes.com with article id : 653316572018-08-09T07:06:32+05:30
Government to wheel in a new industrial policy soon<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/government-to-wheel-in-a-new-industrial-policy-soon/articleshow/65333241.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65333241.cms" /></a>The policy, being given final touches by the DIPP, will go for Cabinet approval in next two weeks.https://economictimes.indiatimes.com/small-biz/policy-trends/government-to-wheel-in-a-new-industrial-policy-soon/articleshow/65333241.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65333241/government-to-wheel-in-a-new-industrial-policy-soon.jpgArticle at EconomicTimes.com with article id : 653332412018-08-09T06:43:24+05:30
Competition Commission of India approves Walmart-Flipkart deal; CAIT to move court<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/competition-commission-of-india-approves-walmart-flipkart-deal-cait-to-move-court/articleshow/65331621.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65331621.cms" /></a>The deal had faced opposition from traders bodies as well as the Swadeshi Jagran MAnch in recent months.
https://economictimes.indiatimes.com/small-biz/policy-trends/competition-commission-of-india-approves-flipkart-acquisition-by-walmart/articleshow/65331621.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65331621/competition-commission-of-india-approves-walmart-flipkart-deal-cait-to-move-court.jpgArticle at EconomicTimes.com with article id : 653316212018-08-08T19:47:43+05:30
Is GST helping the Indian economy for the better?<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/is-gst-helping-the-indian-economy-for-the-better/articleshow/65319874.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65319874.cms" /></a>India’s first federal institution, the GST reform does away with the old multilayer arbitrary tax scheme, making it easier to administer taxes while making revenue collection more efficient.https://economictimes.indiatimes.com/small-biz/policy-trends/is-gst-helping-the-indian-economy-for-the-better/articleshow/65319874.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65319874/is-gst-helping-the-indian-economy-for-the-better.jpgArticle at EconomicTimes.com with article id : 653198742018-08-08T12:43:12+05:30
IMF asks India to consider simpler GST rate structure<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/imf-asks-india-to-consider-simpler-gst-rate-structure/articleshow/65317659.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65317659.cms" /></a>The GST is an indirect tax levied on the supply of goods and services in India.It came into effect on July 1, 2017.https://economictimes.indiatimes.com/small-biz/policy-trends/imf-asks-india-to-consider-simpler-gst-rate-structure/articleshow/65317659.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65317659/imf-asks-india-to-consider-simpler-gst-rate-structure.jpgArticle at EconomicTimes.com with article id : 653176592018-08-08T09:17:28+05:30
1.11 crore farmers register on e-NAM to sell produce online: Radha Mohan Singh<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/1-11-crore-farmers-register-on-e-nam-to-sell-produce-online-radha-mohan-singh/articleshow/65317654.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65317654.cms" /></a>Singh said in the Lok Sabha that farmers wishing to join e-NAM platform need to register themselves on e-NAM portal and can sell their produce on e-NAM platform in any e-NAM mandi.https://economictimes.indiatimes.com/small-biz/policy-trends/1-11-crore-farmers-register-on-e-nam-to-sell-produce-online-radha-mohan-singh/articleshow/65317654.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65317654/1-11-crore-farmers-register-on-e-nam-to-sell-produce-online-radha-mohan-singh.jpgArticle at EconomicTimes.com with article id : 653176542018-08-07T13:10:04+05:30
Seller bodies to meet to list e-commerce policy feedback to govt<a href="https://economictimes.indiatimes.com/small-biz/policy-trends/seller-bodies-to-meet-to-list-e-commerce-policy-feedback-to-govt/articleshow/65300561.cms"><img width="100" height="75" border="0" hspace="10" align="left" src="https://img.etimg.com/photo/65300561.cms" /></a>An AIOVA spokesperson said this feedback will be shared with the government and has also been shared with the Confederation of All India Traders (CAIT).https://economictimes.indiatimes.com/small-biz/policy-trends/seller-bodies-to-meet-to-list-e-commerce-policy-feedback-to-govt/articleshow/65300561.cmshttps://img.etimg.com/thumb/width-310,resizemode-4,msid-65300561/seller-bodies-to-meet-to-list-e-commerce-policy-feedback-to-govt.jpgArticle at EconomicTimes.com with article id : 653005612018-08-07T08:08:19+05:30